Thank you for your understanding! Sneakerboy facing winding up action from lender | The Courier Mail This company is a jokeWould like my order cancelled and refunded. Jun 17, 2022. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. Notice is given that, on the resolution date set out below, the Company is taken, because of paragraph 446A(1)(a) to have passed a special resolution under s491 that the Company be wound up voluntarily. Absolutely horrified at my experience with Sneakerboy! You'll also receive messages on behalf of our partners. Herald Sun - Luxury sneaker retailer Sneakerboy is facing | Facebook You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper price. Anyone can write a Trustpilot review. There are no funds available, nor is there any Sneakerboy stock remaining, which could be used to utilised to satisfy any outstanding orders or process refunds, the letter said. We thank you for your ongoing patience with us during this time and we look forward to resolving this for you.Kind regards,SNEAKERBOY, I recently ordered from the new essential drop and after purchasing, my items were put on backorder. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. They dont have stocks but still advertising and accepting orders. Please look for an email from Hamilton Murphy outlining the actions around past orders. A US bank is on the brink of collapse and its owners are debating whether it can go on after racking up $1 billion in losses. I will be taking this to consumer affairs and will be filling a complaint! Luxury sneaker and streetwear retailer Sneakerboy, which has shops in the Melbourne CBD and Chadstone, is facing liquidation after being taken to court by Adidas over an unpaid bill. Our site will be temporarily unavailable during this time. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Customers fume after luxury sneaker store collapses with hundreds of . Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance, as well as to four. I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. Do you even give me a refund?My oder number 301662, Hi Kim,Thanks for your review.We're sorry to hear of this experience and assure you your refund request has not been lost.Please email help@sneakerboy.com for our team to action your refund urgently. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. A short statement on Sneakerboys website said Sneakerboy is in Administration. Heres why it wasnt all smooth sailing, Not looking positive: Drastic measures Aussies are taking to find a rental, Cost of living crisis laid bare as metric indicates worst outcome since early days of pandemic, A $60 payment appeared in this Aussie mums bank account. Placed an order on 26/05/2022 and it's been almost a month with no updates.I tried to contact their customer service via email - no response, tried to message them via Instagram - no response.As a first-time customer, I wouldn't come back or recommend anyone to buy here! Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. Hundreds of customers flock to grab their bargains Our bin section is loaded with incredible merchandise and sold at a flat price depending on the day of the week. I purchased a $200+ sweater over two months ago. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. The business, which sells shoes like Balenciaga and Canada Goose for well north of $1000, has faced scandals and multiple wind up orders in recent years. Luxury footwear retailer Sneakerboy goes into administration The difficult but prudent decision has been made to initiate the voluntary administration process. Sneakerboy may have traded while insolvent for year and a half Well, we will say youre on the absolute right page. The latest stories, funding information, and expert advice. Selling shoes online, therefore, is an extremely lucrative and profitable business. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. Run this search agent and email me with matches: Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Remember that we sell goods on a first-come-first-serve basis so ensure you pick up your favorite truckload as soon as you find it. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Kind regards,Sneakerboy. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. It's been out for delivery now for over a week and the delivery carrier has told me they have not requested a shipping label yet and they cant pick it up. 2023 Quicklotz Placed my order weeks ago (order 322484) and have not received any notice of my order. Dont purchase anything from them, clearly there is something fishy going on. AMP Pacific Fair, a shopping mall owned by AMP Capital on the Gold Coast, applied to wind-up Sneakerboy in April after it allegedly failed to pay rent for more than a year, in an application made to the Supreme Court of Queensland. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Keep in mind i ordered it 3 weeks before I was meant to leave. If I could leave zero rating I would. No one has called me and I cant get in touch with anyone to even get an update, one person said. Wholesale Domestic Loads Blankets & Pillows. Luxury sportswear stores. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Still trading even if they are now in Administration. It goes against our guidelines to offer incentives for reviews. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. To check whether the company was wound up following publication of this notice, search the ASIC database using the ASIC Connect function on ASIC's website www.asic.gov.au, Only notices after 01/07/2012 are available on this website. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Unfortunately during busy sales period orders can be subject to additional processing and shipping times however we are working hard to get products out to our customers as quickly as possible. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. When I purchase the shoe, they asked me to create a account, and they will send me the invoice and tracking no, but the fact is, my account never be set up but I still successfully paid. As a student, this is really, truly heart-breaking. In 2020, Sneakerboy took its landlord, Georges Properties, to court after it was locked out of its Sydney store over a rental dispute after it renegotiated leases under the Retail and Other Commercial Leases (COVID-19) Regulation, which provided concessions to retailers forced to close during lockdowns. By David K. Li and Pei-Sze Cheng / Workplace Matters, No one has called me and I cant get in touch with anyone to even get an update.. Sneakerboy: Shoe retailer faces liquidation for failing to pay rent at Too much lies! With our services, you can start your business online in no time and serve your customers high-end products with huge margins. The administrator will now assess the ongoing viability of the business as he assesses the ability of the companies to continue to operate as a going concern.. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. Elliot* worked for Sneakerboy from 2017 and is owed $15,000 from 220 hours of annual leave and roughly 12 months of superannuation that he never received after quitting in January this year. We're so sorry for this inconvenience and are looking forward to sending your order out to you.In the meantime, we will be in contact with a definitive ETA.Kind regards,Sneakerboy. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. Add to Cart. An application to wind-up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria. Herald Sun - Luxury retailer Sneakerboy facing a | Facebook They created a fake tracking number and the item was never sent. Based on my inquiries to date, l am of the opinion that the companys failure can be attributed to a deficiency of working capital, poor financial control and poor strategic management of the business, he said. I am furious!!! Hamilton and Murphy liquidator Stephen Dixon said in a report to the Australian Securities and Investments Commission (ASIC) in December that Sneakerboy attributed its financial hardships to the pandemic. If you have any further questions please email help@sneakerboy.com as this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. Find out how we combat fake reviews. Ordered online last May 26, 2022. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up No where did it say it was a backorder for it, they also didn't provide a time frame for when it should be in stock. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. Pacific Fair, a shopping mall on the Gold Coast owned by AMP Capital, applied to wind up Sneakerboy in April after it allegedly failed to pay rent for more than a year, in an application made to the Supreme Court of Queensland. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. No delivery No refund. Quicklotzis among the top 5,000 fastest growing private companies in America. Hi Michael,Thank you for taking the time to leave us a review.We're sorry to gear that you have not yet received your order. $20.00. April 2, 2015. Nike - Liquidation.com Daily Disgusting! These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. FundIT Limited is also listed as having a charge over Luxury Retail Group. Hi Evelyn,Thanks for taking the time to share your review. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Our liquidation truckloads are sourced from some of the largest retailers in the United States. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer JA. Poor culture and poor management, Hi Andy,Thanks for your review.We appreciate this feedback and we're sorry to hear we have not provided the best experience with your order. I have completed verification work pursuant to the Fair Entitlement Guarantee scheme and encourage any former employees of the Company to complete an online claim form if they have not already done so.. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts I have never had to follow up this much. !I will definitely bring this matter to fair traiding and police if required. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Please look for an email from Hamilton Murphy outlining the actions around past orders. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! Moreover, these are high-quality goods with their original packaging and tags intact. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Shoes - GBY Liquidations Sneakerboy Pty Ltd: ACN: 603 960 961: Company: Sneakerboy IP Pty Ltd: ACN: 604 708 090: Company: Luxury Retail Treasury Pty Ltd: ACN: 614 712 766: Company: I have emailed instagrammed 1000s of times but zero reply. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. Sneakerboy is about maximising retail space with online efficiency. Looking for a new job or job candidate? Verification can help ensure real people write reviews about real companies. An application for the winding up of Sneakerboy Pty Ltd was commenced by the plaintiff Adidas AG (HRB 3868) on 16/03/2020 and will be heard as set out below. Still hasnt arrived. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Go ahead and pick your favorite shoe liquidation truckload. Sneakerboys parent company Luxury Retail Group is also under fire, as Dixon was also appointed as administrator for Luxury Retail Treasury Pty Ltd and Luxury Retail Group Pty Ltd. A meeting of creditors is scheduled to take place Wednesday, July 13, the ASIC notice states. An investigation is now underway to determine whether Sneakerboy traded while insolvent. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Nike Liquidation Auctions - Bulk Wholesale Lots - DirectLiquidation An application to wind up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria. Our site will be temporarily unavailable during this time. HI Reian,Thank you for taking the time to share your experience with us.We're sorry to hear that you have not yet received your order. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. All Rights Reserved, Why you shouldnt give a hundred percent at work, Frank Green releases new product after Bunnings hack goes viral on TikTok, Australias top 25 most in-demand jobs revealed, Long-running Instagram feud between vitamin brands JSHealth and Life Botanics heading to Federal Court, NBN and Starlink are ramping up the bandwidth battle for rural Australia, Off-grid cabin startup Unyoked raises $28 million to expand in Europe, How Sendle managing director Laura Hill made the unconventional path work for logistics, and what your business can learn, There are reasons why staff ignore your emails. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Another said: Hi, if you guys dont ship my order, I am going to file a chargeback with my bank as you are not responding to my emails either.. But is this really the case? Give us a call Monday through Friday from 9:00am to 5:00pm EST. Order says shipped but doesnt go through the process of courier picking package up.Poor business, I suggest everyone be careful purchasing from this company! This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Until, they finally responded with "what do you want then? Best source for liquidation merchandise and most innovative reverse logistics solutions.